Indus Towers Q2 PAT Up 71.7% Y-o-Y
- Indus Towers Q2 PAT Up 71.7% Y-o-Y
- Consolidated Revenues for the quarter at Rs. 7,465 Crores, up 4.7% Y-o-Y
- Consolidated EBITDA was at Rs. 4,907 Crores, up 42.0% Y-o-Y and representing an EBITDA margin of 65.7%
- Consolidated Profit after Tax for the quarter at Rs. 2,224 Crores, up 71.7% Y-o-Y
- " We expect the performance to continue in the wake of network expansion plans of our customers over near to medium term. Guided by our strategic priorities and inherent capabilities, we remain confident of capitalizing on these opportunities and generating value for all our stakeholders."
- The Return on Capital Employed improved to 22.9% as against 14.0% on Y-o-Y basis.
- The Q2 FY25 had a write back of Rs. 1,077 Crores in provision for doubtful receivables, aided by collections against past overdue
- The Return on Equity (Pre-Tax) improved to 38.9% as against 20.4% on Y-o-Y basis [Return on Equity (Post Tax) improved to 29.0 % as against 15.1% Y-o-Y basis]
- Indus Towers Limited is India’s leading provider of passive telecom infrastructure and it deploys, owns and manages telecom towers and communication structures, for various mobile operators.
- The Company’s portfolio of 229,658 telecom towers, makes it one of the largest tower infrastructure providers in the country with presence in all 22 telecom circles.
- Indus Towers caters to all wireless telecommunication service providers in India
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